BlackRock Might Backtrack on Ethereum ETF Application Amid ‘Very Little’ Demand
CoinGape (RSS)
After its successful launch of the spot Bitcoin ETF in January 2024, the world’s largest asset manager BlackRock has been pushing ahead for a spot Ethereum ETF application. However, chances are that the asset manager might reconsider its efforts citing “little” demand from clients for Ethereum, in comparison to Bitcoin.
Will BlackRock Continue the Push for spot Ethereum ETF?
During a fireside chat at the Friday Bitcoin Investor Day conference in New York, Robert Mitchnick, BlackRock’s head of digital assets, emphasized the firm’s client base’s primary focus on Bitcoin. He noted, “I can say that for our client base, bitcoin is overwhelmingly the number one focus and a little bit Ethereum”. He also mentioned that the demand for every other crypto asset is “very, very little.”
However, he didn’t comment anything for now on whether BlackRock will continue or not on its pursuit of Ethereum ETF a...
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CoinGape (RSS)
After its successful launch of the spot Bitcoin ETF in January 2024, the world’s largest asset manager BlackRock has been pushing ahead for a spot Ethereum ETF application. However, chances are that the asset manager might reconsider its efforts citing “little” demand from clients for Ethereum, in comparison to Bitcoin.
Will BlackRock Continue the Push for spot Ethereum ETF?
During a fireside chat at the Friday Bitcoin Investor Day conference in New York, Robert Mitchnick, BlackRock’s head of digital assets, emphasized the firm’s client base’s primary focus on Bitcoin. He noted, “I can say that for our client base, bitcoin is overwhelmingly the number one focus and a little bit Ethereum”. He also mentioned that the demand for every other crypto asset is “very, very little.”
However, he didn’t comment anything for now on whether BlackRock will continue or not on its pursuit of Ethereum ETF a...
View original post
Bitcoin demand in Argentina reaches peak in nearly two years
Cointelegraph.com News (RSS)
Bitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present.
Cointelegraph.com News (RSS)
Bitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present.
🟠 Bitcoin price typically stagnates for a few months post-halving before a major price increase 🚀
Be patient and stack sats.
@Crypto_Instant
Be patient and stack sats.
@Crypto_Instant
The #Aptos Foundation has announced the launch of Ondo Finance's yield-bearing stablecoin, #USDY, on the Aptos blockchain.
@Crypto_Instant
@Crypto_Instant
✅ Around 28,110 $ETH and 2,310 $BTC were bought on Dec. 11
$ETH ETFs saw $102M in net inflows.
$BTC ETFs saw $223.1M in net inflows.
$ETH ETFs saw $102M in net inflows.
$BTC ETFs saw $223.1M in net inflows.
🚨 JUST IN: Bank of England to Oversee Stablecoins
The UK government is expanding the Bank of England's mandate to include digital payments innovation. The new remit focuses on supporting stablecoins while ensuring financial stability and safety.
#UK #BankOfEngland #Stablecoins #CryptoRegulation
Read more
The UK government is expanding the Bank of England's mandate to include digital payments innovation. The new remit focuses on supporting stablecoins while ensuring financial stability and safety.
#UK #BankOfEngland #Stablecoins #CryptoRegulation
Read more
🔴 BREAKING: SEC crypto custody rule rewrite has officially entered White House review.
The proposed changes will impact how investment advisers, banks, and funds are permitted to store digital assets.
Final rules are targeted for October, though specific details remain undisclosed.
#SEC #CryptoRegulation #Custody #CryptoNews
Read more
The proposed changes will impact how investment advisers, banks, and funds are permitted to store digital assets.
Final rules are targeted for October, though specific details remain undisclosed.
#SEC #CryptoRegulation #Custody #CryptoNews
Read more
🚨 JUST IN: Bank of England to Support Stablecoin Innovation
The UK government is expanding the Bank of England's remit to include digital payments innovation.
The new mandate focuses on stablecoins while maintaining financial stability as the top priority.
#UK #BankOfEngland #Stablecoins #Regulation
Read more
The UK government is expanding the Bank of England's remit to include digital payments innovation.
The new mandate focuses on stablecoins while maintaining financial stability as the top priority.
#UK #BankOfEngland #Stablecoins #Regulation
Read more
🚨 JUST IN: Ripple Prime Launches US Equity Derivatives Service
Ripple Prime has expanded its institutional offerings to include Delta One business services.
Clients can now access total return swaps for US-listed equities, indexes, and digital assets.
The platform enables cross-margin exposures across traditional and crypto markets.
#Ripple #XRP #TradFi #CryptoNews
Read more
Ripple Prime has expanded its institutional offerings to include Delta One business services.
Clients can now access total return swaps for US-listed equities, indexes, and digital assets.
The platform enables cross-margin exposures across traditional and crypto markets.
#Ripple #XRP #TradFi #CryptoNews
Read more
🔴 BREAKING: $5.69 Million Lost Due to Predictable Wallet Seeds
Security researchers report over $5.69 million stolen from crypto users.
The vulnerability stems from weak, predictable recovery phrases generated by certain wallet software.
Affected users must create a new recovery phrase and transfer funds immediately.
#CryptoSecurity #WalletHack #CryptoNews
Read more
Security researchers report over $5.69 million stolen from crypto users.
The vulnerability stems from weak, predictable recovery phrases generated by certain wallet software.
Affected users must create a new recovery phrase and transfer funds immediately.
#CryptoSecurity #WalletHack #CryptoNews
Read more
🔴 BREAKING: KuCoin to Block Transactions Linked to Sanctioned Entities
KuCoin has updated policies to block transactions interacting with 17 sanctioned platforms.
Indirect exposure through intermediaries can trigger account reviews, freezes, or permanent termination.
Users are warned that even non-direct transfers to blacklisted addresses may lead to wallet restrictions.
#KuCoin #CryptoNews #Regulation #Exchange
Read more
KuCoin has updated policies to block transactions interacting with 17 sanctioned platforms.
Indirect exposure through intermediaries can trigger account reviews, freezes, or permanent termination.
Users are warned that even non-direct transfers to blacklisted addresses may lead to wallet restrictions.
#KuCoin #CryptoNews #Regulation #Exchange
Read more
🚨 JUST IN: XRP Treasury Company Evernorth Set for Nasdaq Listing
The SEC has cleared merger paperwork for Evernorth, a Ripple-backed XRP treasury firm.
Shareholders will vote on September 30 to finalize the listing under the ticker XRPN.
This marks a major institutional milestone for the XRP ecosystem on US public markets.
#XRP #Ripple #Nasdaq #CryptoNews
Read more
The SEC has cleared merger paperwork for Evernorth, a Ripple-backed XRP treasury firm.
Shareholders will vote on September 30 to finalize the listing under the ticker XRPN.
This marks a major institutional milestone for the XRP ecosystem on US public markets.
#XRP #Ripple #Nasdaq #CryptoNews
Read more
Coindesk
XRP treasury news: Ripple backed company Evernoth is a shareholder vote away from Nasdaq
The SEC cleared the paperwork for Evernorth's merger with a shell company, setting up a Sept. 30 vote and a listing under the ticker XRPN.
🚨 JUST IN: Abu Dhabi Royal Backs Trump-Linked Crypto Bank
Sheikh Tahnoon’s group reportedly acquired a 49% stake in the holding company for World Liberty Financial’s US trust bank.
The venture recently received conditional approval for a US trust charter.
#Trump #CryptoBank #AbuDhabi #WorldLiberty
Read more
Sheikh Tahnoon’s group reportedly acquired a 49% stake in the holding company for World Liberty Financial’s US trust bank.
The venture recently received conditional approval for a US trust charter.
#Trump #CryptoBank #AbuDhabi #WorldLiberty
Read more
🔴 BREAKING: Solana Governance Votes on Supply Cuts and Token Burns
Solana validators are voting on three major protocol proposals regarding tokenomics.
A plan to reduce new SOL issuance is currently leading by a narrow margin.
The proposal for an $800,000 daily token burn remains below the required 66% support.
#Solana #SOL #CryptoNews #Governance
Read more
Solana validators are voting on three major protocol proposals regarding tokenomics.
A plan to reduce new SOL issuance is currently leading by a narrow margin.
The proposal for an $800,000 daily token burn remains below the required 66% support.
#Solana #SOL #CryptoNews #Governance
Read more
Coindesk
SOL news: Solana’s faster supply cuts lead vote while $800,000 daily burn plan trails
All three proposals have cleared quorum, but a plan to slow new SOL creation is only narrowly passing while a separate vote to sharply increase token burns remains below the two-thirds support needed.
🔴 BREAKING: MANTRA Chain resumes operations amid transparency concerns
MANTRA Chain mainnet is back online running on version v8.4.0.
Developers raise alarms over silent code changes and undisclosed data.
Attack details, transaction hashes, and affected amounts remain unknown.
#MANTRA #OM #CryptoSecurity #Blockchain
Read more
MANTRA Chain mainnet is back online running on version v8.4.0.
Developers raise alarms over silent code changes and undisclosed data.
Attack details, transaction hashes, and affected amounts remain unknown.
#MANTRA #OM #CryptoSecurity #Blockchain
Read more
